BitGo - About the company
BitGo is a public company based in Palo Alto (United States), founded in 2013 by Mike Belshe, Ben Davenport and Will OBrien. It operates as a Platform that offers crypto based financial services. BitGo has raised $170M in funding from investors like Redpoint Ventures, Goldman Sachs and Brink. The company has 2390 active competitors, including 434 funded and 130 that have exited. Its top competitors include companies like Luno, Consensys and Coins.ph.
Company Details
Platform that offers crypto based financial services. It offers custody, trading, and lending solutions to institutional investors and crypto platforms. It provides regulated and insured custody for digital assets, with a cold storage to manage counterparty risk. Its solutions include features like whitelisting, user level permissions, and velocity controls.
- Website
- www.bitgo.com/
- Email ID
- *****@bitgo.com
- Registered Address
- Palo Alto, California
Key Metrics
Founded Year
2013
Location
Palo Alto, United States
Stage
Public
Total Funding
$170M in 7 rounds
Latest Funding Round
Investors
Ranked
9th among 2390 active competitors
Employee Count
166 as on Dec 31, 2022
Exit Details
Public
Legal entities associated with BitGo
BitGo is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BITGO, INC. CIN: 4976420 , United States, Active | May 01, 2011 | - | 166 (As on Dec 31, 2021) | - |
BITGO TRUST COMPANY, INC. CIN: 10259462 , United States, Active | Jan 07, 2024 | - | - | - |
BITGO PRIME UK LTD. CIN: 12495288 , United Kingdom, Active | Mar 02, 2020 | $2.94K (As on Dec 31, 2022) | - | |
BITGO HOLDINGS, INC CIN: 32088062511 , United States, Active | - | - | - | |
BITGO INC CIN: 452056131 , United States, Active | Dec 26, 999 | - | 215 (As on Dec 31, 2024) | - |
BitGo's IPO details
BitGo got listed on Jan 22, 2026.
Click here to take a look at BitGo's IPO in detail
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BitGo's funding and investors
BitGo has raised a total funding of $170M over 7 rounds. Its first funding round was on Jun 16, 2014. Its latest funding round was a Series C round on Jan 24, 2024 for $*****. 1 investor participated in its latest round. BitGo has 35 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of BitGo:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 24, 2024 | 4323319 | Series C | 3452301 | 8049214 | 9979866 | 9840544 |
Aug 16, 2023 | 9026668 | Series C | 9244700 | 8278387 | 9904654 | 6420517 |
Dec 08, 2020 | 9571211 | ICO | 2968112 | 6587370 | 2388470 | 9954778 |
View details of BitGo's funding rounds and investors
BitGo's founders and board of directors
Founder? Claim ProfileHere are the details of BitGo's key team members:
- Mike Belshe: Co-Founder & CEO of BitGo and founder of 1 other company. Contact Info: 1 email address
- Ben Davenport: Co-Founder & CPO of BitGo. Contact Info: 2 email addresses
- Will OBrien: Former Co-Founder & CEO of BitGo and founder of 1 other company. Contact Info: 1 email address
View details of BitGo's Founder profiles and Board Members
BitGo's employee count trend
BitGo has 166 employees as of Dec 22. The total employee count is 34.0% lower than what it was in Dec 21. Here is BitGo's employee count trend over the years:
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BitGo's Competitors and alternates
Top competitors of BitGo include Luno, Consensys and Coins.ph. Here is the list of Top 10 competitors of BitGo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Luno 2013, London (United Kingdom), Acquired | App-based platform for crypto wallet and investments | $13M | 81/100 | |
2nd | Consensys 2014, Fort Worth (United States), Series D | Developer of blockchain and web3 software platform | $725M | 81/100 | |
3rd | Coins.ph 2014, Pasig (Philippines), Acquired | Digital wallet for Bitcoin assets | $40M | 79/100 | |
4th | FalconX 2018, San Francisco (United States), Series D | Online platform offering cryptocurrency trading and investment solutions for institutions | $430M | 79/100 | |
5th | BlockFi 2017, Jersey City (United States), Acquired | Online platform for trading, crypto-backed loans, interest accounts, and wallets | $466M | 78/100 | |
6th | Amber Group 2017, Singapore (Singapore), Series C | Provider of blockchain-based financial solutions | $628M | 76/100 | |
7th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 75/100 | |
8th | River Financial 2019, San Francisco (United States), Series B | Blockchain focused investment firm | $70M | 74/100 | |
9th | BitGo 2013, Palo Alto (United States), Public | Platform that offers crypto based financial services | $170M | 73/100 | |
10th | Matrixport 2019, Singapore (Singapore), Series C | App-based platform offering crypto investment products and financial services solutions | $129M | 72/100 |
Looking for more details on BitGo's competitors? Click here to see the top ones
BitGo's Investments and acquisitions
BitGo has made 12 investments in companies including Ubyx and Cork. BitGo has also acquired 6 companies including Brassica and HeightZero.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 11, 2026 | Investments | 2025 | Wilmington (United States) | |
Jan 21, 2026 | Investments | 2023 | New York City (United States) | |
Aug 04, 2025 | Investments | 2012 | Newport Beach (United States) |
See all investments and acquisitions by BitGo
Reports related to BitGo
Here is the latest report on BitGo's sector:
News related to BitGo
Media has covered BitGo for a total of 133 events in the last 1 year, 47 of them have been about company updates and 33 about partnerships.
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STS Digital Partners with BitGo to Offer Derivatives Trading from CustodyGlobeNewswire•Apr 15, 2026•STS Digital, BitGo
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BitGo and tradias expand access to institutional crypto liquidityBusiness Wire•Apr 13, 2026•Tradias, BitGo
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BitGo Powers AndX U.S. Launch with Digital Asset Infrastructure & Trading ConnectivityGlobal Fintech Series•Apr 09, 2026•AND agency, BitGo
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BitGo Expands Institutional Access to Ethena’s USDe With Rewards SupportBusiness Wire•Apr 08, 2026•BitGo
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BitGo Expands Support for Canton Coin with Electronic Trading and Go Network SettlementBusiness Wire•Mar 30, 2026•BitGo
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BitGo's $16.2 Billion Revenue Surge Masks $50 Million Bitcoin Treasury Hit in Q4Cryptonews•Mar 27, 2026•BitGo
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Bitgo and Zksync Partner to Support Institutional Tokenized DepositsBitcoin•Mar 26, 2026•zkSync, BitGo
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Bitgo & Susquehanna Crypto Partner to Open OTC Gateway to Prediction MarketsBitcoin•Mar 25, 2026•SIG, BitGo
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